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XML document 17B:17-27 Applicability of act.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17B INSURANCE
...  17B: 17-27 Applicability of act. 17B: 17-27 Applicability of act.   2. a. This act shall apply to: (1) every policy issued by a domestic insurer in this State and any account established under or as a result of that...
... section, with respect to a policy delivered or issued for delivery outside this State, a domestic insurer may, in lieu of the requirements of this act, implement procedures that meet the minimum requirements of the state in which the policy was delivered or issued, provided that the commissioner concludes that those...
... other requirements are no less favorable to the policy owner and beneficiary than those required by this act.   L.2017, c.236, s.2....

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